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When a Party Signs a Negotiable Instrument,which of the Following

Question 28

Multiple Choice

When a party signs a negotiable instrument,which of the following is true regarding the position of that party?


A) The party may be a drawer or maker,but not an acceptor or an endorser.
B) The party may be a maker,acceptor,or drawer,but not an endorser.
C) The party may be a maker or acceptor,but not a drawer or an endorser.
D) The party may be a drawer,maker,endorser,or acceptor.
E) The party may be a maker,drawer,or endorser,but not an acceptor.

Correct Answer:

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